Lido stETH
Products > Yield Tranches > Guides > Live YTs guides > Lido stETH
This tutorial will guide users in the process of depositing new funds on the Lido YTs on top of the stETH market.
To deposit into the stETH YTs, follow these two steps:
Use Lido to stake your ETH
Deposit Lido LP tokens in Lido's stETH YTs
Ethereum
1. Use Lido to stake your ETH
Visit Lido.fi to stake your ETH
Once staked, the user will own the stETH LP tokens
2. Deposit Lido LP tokens in Idle's YTs
After having staked ETH on Lido, the user can go back to Idle and enjoy the different risk-return profiles of the Yield Tranches.
Choose the Yield Tranches side of preference selecting either Senior or Junior Tranches under the Earn section in the top-bar
Using Senior Tranches, in case of hacks or losses, users' funds will be covered by the funds deposited in the Junior Tranche.
Using Junior Tranches, in case of hacks or losses, users' funds will be employed first to cover Senior depositors' funds and then shared among Junior users.
Type in the amount to deploy on the Tranche in the right panel
Click on Approve to approve the token spend limit (1st Tx)
Once the spending approval is confirmed, the user will be able to deposit stETH Lido LP tokens
Click on Deposit to deposit the funds (2nd Tx)
The user will receive back
wstETH-LPtokens for the asset deposited depending on the side of the PYTs chosen (AA_wstETH-LP for Senior, BB_wstETH-LP for Junior)
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